In the stock market today, the following companies in the Tech Sector have seen the most significant buying from corporate insiders in the past few months:
Bitstream Inc. (BITS) has lost 25.03% over the last year.
BITS, software development company, provides mobile browsing, fonts and font rendering, and automated marketing communication and print production solutions. BITS market cap as of 12:00 noon, Friday December 2, is $57.22M.
Net insider shares purchased over the last six months were 544,550, 11.34% of the 4,800,000 float. Shares are currently trading at $5.36.
Agilysys Inc. (AGYS) has lost 17.73% since August 1, 2011.
AGYS together with its subsidiaries, provides information technology (IT) solutions to corporate and public-sector customers primarily in North America. It operates in three segments: Hospitality Solutions Group (HSG), Retail Solutions Group (RSG), and Technology Solutions Group (TSG).
AGYS market cap as of 12:00 noon, Friday December 2, is $180.63M. Net insider shares purchased over the last six months is 1,460,000 which is 9.98% of the company’s 14,660,000 float. Shares are currently trading at $8.03.
ATS Corporation (ATSC) has lost 28.42% since June 24, 2011.
ATSC designs, develops, and delivers custom software systems and applications and integrates commercial off the shelf solutions and business consulting services primarily to government agencies in the United States.
ATSC market cap as of 12:00 noon, Friday December 2, is $78.10M. Net insider shares purchased over the last six months at 460,170, which is 7.39% of the company’s 6,230,000 float. Since October 7, 2011, shares are up 21.43% to $3.40.
Exar Corp. (EXAR) has lost 13.85% since January 5, 2011.
EXAR engages in the design, contract manufacture and sale of silicon, software and subsystem solutions for industrial, telecom, networking and storage applications. EXAR market cap as of 12:00 noon, Friday December 2, is $278.73M. Net insider shares purchased over the last six months at 2,180,000, which is 5.79% of the company’s 37,650,000 float. Since November 9, 2011, shares are up 13.5% to $6.22.
Geeknet, Inc. (GKNT) has lost 35.1% since June 6, 2011.
GKNT operates as an online network for the global geek community comprising technology professionals, technology enthusiasts and general consumers of technology-oriented goods, services and media. GKNT market cap as of 12:00 noon, Friday December 2, is $123.63M. Net insider shares purchased over the last six months at 218,980, which is 4.59% of the company’s 4,770,000 float. Since September 23, 2011, shares are up 25.94% to $19.47.
Short Squeeze Candidate:
GeoEye, Inc. (GEOY) has lost 57.51% since February 28, 2011.
GEOY provides earth imagery and imagery information products, as well as image processing services to the United States and foreign government defense and intelligence organizations, domestic federal and foreign civil agencies, and commercial customers. GEOY market cap as of 12:00 noon, Friday December 2, is $419.98M. Net insider shares purchased over the last six months at 810,000, which is 4.07% of the company’s 19,920,000 float. Shares are down 48.35% since October 28, 2011 to $18.93.
Short Squeeze Candidate:
American Superconductor Corporation (AMSC) has lost 87.63% since December 10, 2010.
AMSC provides wind turbine designs and electrical control systems primarily in North America, Europe and the Asia-Pacific. AMSC market cap as of 12:00 noon, Friday December 2, is $212.88M. Net insider shares purchased over the last six months at 1,510,000, which is 3.88% of the company’s 38,830,000 float. Volume almost equal to the float traded April 6, 2011 in a huge sell-off of 37,288,000. Shares have been trading relatively flat since the beginning of October up to now at $4.15.
Short Squeeze Candidate:
MoSys, Inc. (MOSY) has lost 53.19% since January 11, 2011.
MOSY designs, develops, markets and licenses embedded memory intellectual property (IP) used by the semiconductor industry and communications, networking and storage equipment manufacturers. MOSY market cap as of 12:00 noon, Friday December 2, is $118.10M. Net insider shares purchased over the last six months at 505,000, which is 1.88% of the company’s 26,900,000 float. Shares have seen a modest gain since November 25, 2011 of 11.19% from $2.77 to $3.08.
DEC
